Examlex
Each component of an HRM system influences the others, and all five must fit together. Explain the components of recruitment and selection and training and development.
Dual Value
The concept in linear programming and optimization that assigns a value to the constraints, reflecting their contribution to the objective function when slightly relaxed.
Iso-Profit Line
A graphical representation in economic models showing combinations of inputs that yield the same level of profit.
Graphical Maximization
A technique used in operations research and economics to find the highest value of an objective function given certain constraints, represented graphically.
Feasible Region
In optimization problems, the set of all possible points that satisfy the problem's constraints and are therefore considered for the solution.
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